Versant to raise $250M fifth fund

Versant Ventures has filed with the Securities and Exchange Commission to raise a $250 million fifth fund. The fund’s first close has yet to occur. Versant Venture Capital V will be run by managing directors Robin Praeger, Bradley Bolzon, Samuel Colella, Ross Jaffe, William Link, Kirk Nielsen and Charles Warden, according to the filing dated Oct. 18.

The firm’s previous $500 million Versant Venture Capital IV was raised in 2008, according to peHUB publisher Thomson Reuters.